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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Art Baeckel who wrote (6075)11/19/2001 9:11:23 AM
From: (Bob) Zumbrunnen   of 6873
 
Personally, I prefer puts to shorts because the maximum loss is capped at 100%. And unlike shorts, maximum gains can be more than 100%.

OTOH, I tend to take profits too soon on my options, which is a problem with me, not the notion of playing options. I've been willing to settle for profits that are not commensurate with the risks I take by getting into the positions to begin with. A very bad habit I'm trying to rid myself of.

Even with that, I tend to make money overall in them and sometimes get some bases-loaded home runs that way.
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